FYI: Concerns over trade wars, inverted yield curve, political struggles in Italy and England, and increased market volatility have many investors in search of relatively safe places to park their money. For the Lipper fund-flows week ended August 21, 2019, equity mutual funds and ETFs handed back some $12.2 billion—their second week of outflows in three. However, money market funds (+$22.6 billion), taxable bond funds (+$2.8 billion), and municipal bond funds (+$1.7 billion) all took in net new money for the week.
Even with lowered interest rates (the Federal Reserve Board cut its prime lending rate by 25 basis points in July—its first rate cut since 2008), investors continued to pad the coffers of Treasury bond funds (+$1.9 billion for the current fund-flows week). Year to date, government-Treasury funds have attracted some $26.9 billion of net inflows.
Regards,
Ted
https://lipperalpha.refinitiv.com/2019/08/fund-investors-continue-to-pad-the-coffers-of-safe-haven-plays/?utm_source=Eloqua&utm_medium=email&utm_campaign=00008DM_NewsletterLipperAlphaInsightFundInsightsWeekly_Other&utm_content=Newsletter_FundsWeekly_26Aug2019&elqTrackId=efc5e53cee334df48583cd60f09ea357&elq=5cdaaca12b414dd98d0cb06ac3cdbd2a&elqaid=52438&elqat=1&elqCampaignId=166
